Tag Archives: Woolworths

Woolworths flags longer term for sales improvements

The retailer’s ‘price drop’ campaign is in place. but supermarket sales increases are a mid-term proposition. By David Burton. Woolworths’ previously advised lower margin set for the supermarket division turnaround in Australia has been accelerated through investment in price in the first quarter of FY16, according to outgoing Woolworths group CEO Grant O’Brien. “We’re encouraged that our investment is …

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